Tile, Marble, Terrazzo, and Mosaic Contractors Small Business Loans

With these small business loans for tile, marble, terrazzo, and mosaic contractors, the SBA guarantees the lender that the loan will be repaid. This tile, marble, terrazzo, and mosaic contractors loan for $16,100 was given to a Washington entrepreneur in 2002.

Getting a small business loan in Richland, Washington was important for this company back in 2002 and, based on their loan application, they were successful in getting an SBA loan from Community First Bank, operating out of Kennewick, Washington. Here are the details on this Washington small business loan.

SBA Loan Borrower

COMPANY TYPE: TILE, MARBLE, TERRAZZO, AND MOSAIC CONTRACTORS
RICHLAND, WA 99352

SBA Loan Lender

COMMUNITY FIRST BANK
6401 W CLEARWATER AVE
KENNEWICK, WA 99336

This was a LowDoc (Low Documentation Loan Program). LowDoc is one of the SBA's most popular programs because there is a simple, one-page SBA application form and rapid turnaround on loan approvals.

SBA Loan Program Type

This loan was issued as a general business loan.

NAICS Code

235430 - Tile, Marble, Terrazzo, and Mosaic Contractors

Loan Approval Date

1/7/2002

Loan Approval Gross Amount

$16,100

Loan Approval from the SBA

Of the total $16,100 loan amount, the SBA guaranteed $13,685.

More Information on This SBA Loan

The borrower borrowed this money for a new business. This loan was not for a franchise. At the time of the loan, the company had only one employee. The SBA loan application for the borrower did not indicate that the SBA funding recipient promised to use the loan proceeds to add employees or retain any existing employees.

Next Steps for Getting an SBA Loan

SBA loans typically are available at competitive interest rates and have no balloon payments or annual reviews.

Many small business owners never get a business loan because they never bother to apply for a business loan. If you take the initiative, you may get a loan, just like this company did when it applied for and received this $16,100 loan. Remember, fight for what you want, and it will be yours!

About This SBA Loan Information:

All SBA loan data displayed above comes from the government's publicly available SBA loan database. Information on this page is provided by the Gaebler.com news organization to inform business owners, aspiring entrepreneurs and others about SBA loan activity. LoanCensus.com does not assist businesses with obtaining SBA loans and was not involved in any way with this transaction. For additional information, see our Loan Information FAQ.

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